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Business / Economy

China's economy transitioning not derailing: Davos experts

(Xinhua) Updated: 2016-01-22 08:21

China's economy transitioning not derailing: Davos experts

Ray Dalio, Chairman and Chief Investment Officer of Bridgewater Associates gestures at the Ending the Experiment event in the Swiss mountain resort of Davos Jan 22, 2015.[Photo/Agencies]

"Indeed, China is going through a cyclical adjustment," said Ray Dalio, Chairman and Chief Investment Officer of Bridgewater Associates, USA.

"The reforms and leadership in China is fundamentally very good. What we are dealing with should be short-term challenges," said Dalio.

"This may last two to three years," he said, "the future of China is vibrant and young, and any volatility is global and linked to monetary policy."

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